The survey reveals some interesting findings:

81% of survey respondents recognise the relevance of sustainability to their business but less than half actually have a strategy aligned with their business goals.

Only 3% have a strong leadership structure in place to spearhead sustainability initiatives effectively.

64% of companies report on sustainability in some form but only 26% have adopted a global reporting framework to guide their reporting.

Some important takeaways:

ASEAN companies need to relook their sustainability priorities and recognise the value of managing future risks for long-term resilience.

They will find it difficult to truly integrate sustainability into the business if they don’t invest in proper monitoring and reporting frameworks or engage their stakeholders in driving their sustainability initiatives.